Job cuts at Newsday, Boston Globe and Telegram & Gazette
Newsday, the Boston Globe and the Worcester Telegram & Gazette all announced they would soon be eliminating positions, according to memos posted by Poynter's Jim Romenesko.
At Newsday, 120 employees could be affected. Some were being notified that today would be their last day of work while some others will be finished at the end of March.
"Though we all know we will not grow by cutting, we have no choice but to respond to the revenue decline and make cost adjustments now," the memo to staffers read.
Meanwhile, voluntary buyouts will begin to be offered to employees at the Boston Globe and the Worcester Telegram & Gazette. About 60 buyouts at The Globe could be offered next week and around 20 the following week at the Telegram & Gazette.
"This reduction in staff is a difficult but necessary step toward our ongoing goals of reducing costs and finding efficiencies that allow for the long-term health of our business," said Globe publisher Steve Ainsley in a memo to staff. "As you all know, these are difficult times in the newspaper business. The good news is that our on-line revenue continues to grow although not yet at a scale that offsets the downturn in print."
To read the memos visit Romenesko's blog.
At Newsday, 120 employees could be affected. Some were being notified that today would be their last day of work while some others will be finished at the end of March.
"Though we all know we will not grow by cutting, we have no choice but to respond to the revenue decline and make cost adjustments now," the memo to staffers read.
Meanwhile, voluntary buyouts will begin to be offered to employees at the Boston Globe and the Worcester Telegram & Gazette. About 60 buyouts at The Globe could be offered next week and around 20 the following week at the Telegram & Gazette.
"This reduction in staff is a difficult but necessary step toward our ongoing goals of reducing costs and finding efficiencies that allow for the long-term health of our business," said Globe publisher Steve Ainsley in a memo to staff. "As you all know, these are difficult times in the newspaper business. The good news is that our on-line revenue continues to grow although not yet at a scale that offsets the downturn in print."
To read the memos visit Romenesko's blog.
posted by Kelly at
2/28/2008 02:40:00 PM
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